Apple’s Profits Double For the Quarter

January 25, 2012 0

Apple’s shares rose 7.30% in after hours following blowout earnings from Apple that revealed their quarterly profit doubled. Quarterly net revenues increased 73% to 46.33 billion from 26.74 billion last year.  Net income was 13.06 billion […]

Is Apple in decline?

November 11, 2011 0

Apple’s stock price is in a steady decline this week. Apple’s stock price has fallen 5% since Tuesday. Today Apple is down again despite the market rallying on better news coming out of Italy. Is Apple’s recent decline and selling pressure a healthy pullback […]

Apple Misses; Intel and Yahoo beat

October 19, 2011 0

Yesterday Apple missed analysts’ earnings estimates for the first time in 6 years. Apple’s shares fell $28.00 or 6.68% in after hour trading. Revenues were $6.62 billion or $7.05 a share in the fiscal fourth quarter compared to $4.31 billion or […]